Analyst news

• UPDATE 3-Icahn denies attempt to sell Herbalife stock, buys more shares

  26-08-2016 23:48
  
  * Icahn says bought another 2.3 mln Herbalife shares on
  Friday
  
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• UPDATE 3-St. Jude says report by short sellers 'false and misleading'

  26-08-2016 23:17
  
  Aug 26 (Reuters) - Medical device manufacturer St. Jude
  Medical Inc said on Friday a report by short-selling
  firm Muddy Waters and a cyber-security researcher alleging its
  heart devices were riddled...
  
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• Wall Street slips in wake of comments by top Fed officials

  26-08-2016 22:32 via news.yahoo.com
  
  U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve officials. The S&P 500 rose after Fed Chair Janet Yellen said the case for raising rates had strengthened but did not indicate when the Fed would act. Stocks later traded lower after hawkish comments from Fed Vice Chair Stanley Fischer raised the possibility of a rate
  
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• US Stock Market: Looking Ahead to a 9 Year Cycle Event

  26-08-2016 22:30
  There is a tendency for the US stock market (represented here by the Dow Jones Industrial Average) to ‘pivot’ every 9 years. The next year in the cycle is 2018. The question then, is 2018 going to be a high or a low?
  
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• St. Jude says report by short sellers 'false and misleading'

  26-08-2016 21:25
  
  Aug 26 (Reuters) - Medical device manufacturer St. Jude
  Medical Inc said on Friday that a report by
  short-selling firm Muddy Waters and a cyber-security researcher
  alleging its heart devices were...
  
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• July’s $10,000 Monthly Challenge Winners

  26-08-2016 21:00
  FXCM and DailyFX are happy to announce the winners of July’s $10,000 Monthly Challenge!
  
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• Stocks slip into losses in the afternoon after Yellen speech

  26-08-2016 20:58 via news.yahoo.com
  
  NEW YORK (AP) — Stocks were lower on Wall Street in afternoon trading on Friday, giving up modest gains following a generally upbeat assessment of the economy from Fed Chair Janet Yellen. Phone companies and utilities, widely considered safe-play stocks, led the list of decliners. AT&T and Verizon each fell more than 1 percent.
  
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• Wall Street falls after Fischer, Yellen comments

  26-08-2016 20:37 via news.yahoo.com
  
  U.S. stocks were lower in a choppy session on Friday, with stocks bouncing between gains and losses as investors grappled with the possible timing of a U.S. interest rate hike after comments from Federal Reserve officials, including Chair Janet Yellen. The S&P 500 rose as much as 0.7 percent in the wake of a speech by Yellen in Jackson Hole, Wyoming that said the case for increasing interest rates had strengthened, but did not indicate when the Fed would raise rates. Stocks later reversed co
  
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• WTI Crude Oil Price Forecast: Crude Price Stands At H&S Resistance

  26-08-2016 19:35
  WTI Crude Oil (CFD: US Oil) Remained Above the Weekly Pivot After Yellen’s Jackson Hole Speech. The Next Bullish Break Could Be Big.
  
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• Wall Street declines after Fischer's hawkish stance on rates

  26-08-2016 19:04 via news.yahoo.com
  
  Fischer's comments came shortly after Fed Chair Janet Yellen said the case for increasing interest rates had strengthened, but did not indicate when the Fed would raise rates. Following the comments, traders raised the odds of a hike in September to 30 percent from the 21 percent-chance they priced in after Yellen's remarks, according to CME Group's FedWatch tool. The odds before Yellen spoke stood at 18 percent.
  
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• Stocks slip into losses in the afternoon after Yellen speec

  26-08-2016 18:27 via rocketnews.com
  NEW YORK (AP) — Stocks were mostly lower on Wall Street in early afternoon trading on Friday, giving up modest gains following a generally upbeat assessment of the economy from Fed Chair Janet Yellen. Phone companies and utilities, widely considered safe-play stocks, led the list of declining stocks, while the health care and technology sectors rose. AT&T and Verizon each fell 1 percent.
  KEEPING SCORE: The Dow Jones industrial average fell 67 points, or 0.4 percent, to 18,382 as of 12
  
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• Wall St gains as Yellen says rate-hike case strengthens

  26-08-2016 18:19 via rocketnews.com
  
  By Yashaswini Swamynathan
  REUTERS – Wall Street rose on Friday after Federal Reserve Chair Janet Yellen said the case for increasing interest rates had strengthened, but did not indicate when the Fed would raise rates.
  Yellen said the economy was nearing the central bank’s goals of maximum employment and price stability, but maintained that future hikes should be “gradual”.
  U.S. stocks nearly flat-lined immediately after Yellen’s comments, but surged soon after, wi
  
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• Britain's FTSE gains after Yellen comments, Glencore rallies

  26-08-2016 18:16
  
  * U.S. election uncertainty weighs on drugmakers(Recasts, adds quote and detail, updates prices at close)
  
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• Wall Street gains as Yellen says rate-hike case strengthens

  26-08-2016 17:42 via news.yahoo.com
  
  U.S. stocks nearly flat-lined immediately after Yellen's comments, but surged soon after, with all 10 major S&P 500 sectors trading higher. "She's certainly tried to make a case, but the market doesn't believe that the Fed is going to actually raise rates," said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management. After Yellen's speech, traders cut their odds of a rate hike in September to 18 percent from 21 percent, and slightly raised the chances of a Decemb
  
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• AUD/NZD Getting Closer To Its Multiyear Symmetrical Triangle Support

  26-08-2016 17:30
  AUD/NZD closing for third consecutive week to the downside. Short term momentum seems to be exhausting for the cross. Long term Symmetrical Triangle support line looming.
  
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• US Dollar Breaks Out of Low Vol Slumber as Yellen Walks Policy Tightrope

  26-08-2016 17:00
  Fed Chair Yellen’s remarks today led to the widest daily trading range of the week for the USDOLLAR Index.
  
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• US DOLLAR Technical Analysis: Yellen Gives USD Bears A Layup

  26-08-2016 16:45
  After Dudley Provided a Turnaround Tuesday For the US Dollar, FOMC Minutes Pushed the Dollar Lower.
  
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• Wall Street rises as Yellen says case for rate hike stronger

  26-08-2016 16:31 via news.yahoo.com
  
  Yellen, speaking before a gathering of global central bankers in Jackson Hole, Wyoming, did not indicate when the Fed would raise rates, but said the central bank thinks future hikes should be "gradual". "In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months," Yellen said in prepared remarks. Bank of America , JPMorgan , Goldman Sachs' , Ci
  
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• Dow Jones Industrial Average Dips in Corrective Fashion

  26-08-2016 15:46
  DJIA fails to be inspired by rate hike talks by the Fed. DJIA continues to trade in a tight range between 18,250 and 18,665.
  
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• USD/JPY Edges Lower After 2Q GDP Revision- All Eyes on Chair Yellen

  26-08-2016 14:57
  Subdued Economic Growth may limit the U.S. Federal Reserve’s tightening scope in upcoming quarters
  
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• US Dollar Looks to Shake Off Low Vol with Yellen Speech Today

  26-08-2016 14:00
  US Dollar bulls should be wary headed into Fed Chair Yellen's speech today.
  
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• CAC 40 Set to Close Week in Range

  26-08-2016 13:29
  The CAC 40 is set to close the trading week locked inside of a 75 point range.
  
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• S&P 500: Short-term Techs Ahead of Yellen Speech

  26-08-2016 13:11
  Short-term double-top still in play, support holding into Yellen speech.
  
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• Clinton’s Coziness With Silicon Valley: More Troubling Than Her Wall Street Ties

  26-08-2016 12:15 via news.yahoo.com
  
  The wealth of Hollywood has historically been a magnet for Democratic politicians, and it remains so; Hillary Clinton spent two days draining the pocketbooks of Justin Timberlake and other luminaries this ...
  
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• Britain's FTSE edges lower as pharmaceuticals weigh again

  26-08-2016 11:11
  
  LONDON, Aug 26 (Reuters) - Britain's top share index edged
  lower on Friday, set to finish the week with falls as recent
  weakness in the pharmaceuticals continued, with investors wary
  over political...
  
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• GBP/USD Levels to Watch Ahead of Yellen’s Speech at Jackson Hole

  26-08-2016 10:36
  The GBP/USD won back 1.32 and the key event risk ahead could prove to be a volatile ride for US Dollar pairs, with the British Pound in focus
  
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• FTSE 100: Arriving at Confluence of Support

  26-08-2016 10:36
  The UK index is falling back into support and could soon turn higher.
  
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• EUR/USD to Stage Larger Recovery on Dismal U.S. GDP, Dovish Yellen

  26-08-2016 10:00
  Dismal developments coming out of the U.S. may generate a larger recovery in EUR/USD as market participants continue to price a limited chance for a 2016 Fed rate-hike.
  
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• Most Asian markets lose ground ahead of speech by Fed's Janet Yellen

  26-08-2016 09:44 via news.yahoo.com
  
  While most Asian stock market indices were trading lower on Friday (26 August), the Shanghai Composite was up 0.19% at 3,074.28 as of 6.01am GMT. The general bearish trend in Asia reflected nervousness among traders ahead of Fed Chair Janet Yellen's speech scheduled for Friday, 26 August.
  
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• BUZZ-Marshalls: breaks past pre-Brexit levels on better H1 margins

  26-08-2016 09:40
  
  ** Shares in landscaping materials company +3.5%,
  trades higher than pre-Brexit levels for the first time since
  the EU referendum vote
  
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• BUZZ-Restaurant Group: rallies on H1 beat

  26-08-2016 09:21
  
  ** Restaurant Group, operator of Frankie and Benny's
  chain, +2.8%, 3rd top FTSE midcap gainer after H1 beat
  expectations & co keeps FY guidance following turbulent few
  months of trading
  
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• ASX 200 Technical Analysis: Short Term Range Still Holding

  26-08-2016 09:03
  The ASX 200 is trading in a well-defined short term range and a break could prove significant
  
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• US Dollar May Rise on Yellen Speech at Jackson Hole

  26-08-2016 07:45
  The US Dollar may rise as Federal Reserve Chair Janet Yellen boosts rate hike speculation with a much-anticipated speech at the Jackson Hole Symposium.
  
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• Nikkei 225 Technical Analysis: Edging Lower to Close a Quiet Week

  26-08-2016 07:09
  The Nikkei 225 is trading below the 16,500 level after a week of subdued volatility, and a hold below the level might suggest a retest of 16,000
  
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• Japanese Yen Unmoved After July CPI Report, Jackson Hole Next

  26-08-2016 04:47
  The Yen showed a tepid response against its major peers after Japan’s July CPI report crossed the wires. The Fed’s Chair Janet Yellen will present a speech at Jackson Hole tomorrow.
  
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• Caution before Yellen's Jackson Hole speech crimps risk appetites

  26-08-2016 02:33 via news.yahoo.com
  
  By Shinichi Saoshiro TOKYO (Reuters) - Caution ahead of a speech by Federal Reserve Chair Janet Yellen's speech at the annual gathering of central bankers in Jackson Hole, Wyoming, limited movements across global markets on Friday. Asian stocks tracked an overnight dip on Wall Street and edged down early in the session, while geopolitical tensions helped shore up crude oil prices. Risk markets were wary of the U.S. central bank hinting at near-term interest rate hike which could divert some of t
  
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• Gold Prices Heavy on Yellen- Outlook Hinges on NFP

  26-08-2016 02:02
  Gold prices are lower this week with the precious metal down 1.34% to trade at 1324 ahead of the New York close on Friday.
  
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• Crude Oil Prices Rise on OPEC Deal Hopes, Yellen Threatens Gold

  26-08-2016 00:50
  Crude oil prices bounced amid renewed hope for an OPEC output freeze deal at next month’s informal meeting. Gold prices may fall on hawkish comments from Fed Chair Yellen.
  
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